Oct 12

Avoid Credit Card Debt

Based on Australian Bureau of Statistics, full-time adult ordinary time earnings rose by 4.7% for males and 4.1% for females in the twelve months to May 2011. This is very encouraging news for Australian to pay their past credit card debt faster. In the twelve months to May 2011, full-time adult total earnings rose by […]

Feb 18

Transactions to Defeat Creditors

If a person enters into a transaction (prior to becoming bankrupt) with the prime purpose of the transaction is to defeat creditors (ie keep the money or property out of the reach of their creditors) then in certain circumstances the transaction (after bankruptcy) can be set aside by the Bankruptcy Trustee. There is no time […]